197 smallcaps offer double-digit returns as markets continue record-breaking run in August
Domestic markets continued their record-breaking run even in the month of August, but the gains were steady with Sensex gaining close to 1%. The rally was also broad-based with the smallcaps outperforming the benchmark as the BSE smallcap index was up around 1.25% during the month. This was reflected in the gains of the broader…
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Big movers on D-Street: What should investors do with CDSL, Hindustan Zinc and Paras Defence?
Benchmark Sensex spurted by 1,330 points to close at a two-week high while Nifty jumped 397 points to settle above the 24,500 level on Friday as easing fears of a recession in the US triggered buying in IT shares amid a sharp global stocks rally. Stocks that were in focus include names like CDSL, which…
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FII selloff hits Rs 30,000 crore since Budget but why aren’t alarm bells ringing?
While the domestic gush of liquidity has dismissed the impact of capital gains tax hike, expensive valuations and a not-so-great Q1 earnings season, foreign institutional investors (FIIs) have sold Indian stocks worth at least Rs 30,000 crore since Budget. In the last 17 trading days since Budget was presented on July 23, Sensex is weaker…
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PSU banks’ Q1 results decent, but are valuations supportive of next leg of the rally?
Despite a decent Q1 performance, PSU bank stocks have struggled over the past month, falling nearly 6% (as of August 13), with concerns over valuations in the overall PSU sector weighing on the market. Experts ETMarkets spoke to anticipate stock-specific action rather than a runaway rally. Hereβs why! Barring State Bank of India (SBI), which…
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Stock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 35%
Synopsis After many months or one may even say that after a gap of a year, Indian markets got a reminder that global markets also matter. But there are some good learnings from this week’s episode. After all the volatility we are still the best performing market, so bears will have to wait before they…
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Only 30 smallcap stocks offer double-digit weekly returns in a week marred by uncertainty
Indian markets experienced a marginal recovery from the uncertainties arising from concerns about the unwinding of carry trades, driven by the Yen’s rapid appreciation and weak macroeconomic data that fuelled recession fears in the US. However, indices closed the week in red, losing over 1% each. During the week, only 30 smallcap companies offered double-digit…
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For risk takers with medium term perspective: 4 small caps from different sectors with an upside potential of up to 30%
Synopsis Indian markets are correcting in line with the global markets. How long this phase will continue is an open ended question because when will the US Fed act is something which is still not clear at this point. If one looks at the Indian market, just before this global issue came up they have…
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Q1 results, IPO action among 10 factors that will steer D-Street this week
While the Nifty managed to hit the 25K mark, the weekly trade was largely range-bound, with the 50-stock index ending the week with a 0.47% decline, dragged down by fears of a US economic slowdown and Japanβs rate hike. When markets resume trading on Monday, a host of important domestic and global events lined up…
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If Fed starts cutting rates from September, will it have a multiplier effect on stock markets?
Notwithstanding the 17% surge seen in Sensex and Nifty so far in the calendar year, Fed’s expected rate cut in September can still have a multiplier effect on the stock market. The Fed move of holding rates steady on Wednesday night and strong hints of a first cut in September unleashed animal spirits in global…
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Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 42%
Synopsis While bulls were a confident lot after the election results, with every trading session they are once again moving to take control of every corner of the street. How the market reacted to the increase in capital gain taxes was the first indication and probably Friday’s session is another strong confirmation. There are good…
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